There’s a huge matter being overlooked in Google. I believe its a crown jewel: YouTube is now arguably more valuable than ALL US legacy media COMBINED.

Using valuation metrics similar to Meta and Netflix, you get $525 to $600 Billion for YouTube. That tops Disney, Comcast, Warner Discovery, Fox and and Paramount SkyDance COMBINED. A recent MoffettNathanson report formulated a $550 billion valuation by tracking Meta's revenue multiple alongside Netflix. And Netflix is losing share to YouTube, too.

And here’s a HUGE advantage for Google :

I would argue millions of AI hating and data center protesting citizens are...using Gemini. And often not even knowing it. That’s an incredible exclusive competitive advantage!

It’s the only “AI” that operates in such a frictionless manner. And, Google’s already operating with a 3 decade head start in gathering data, etc. And its revenue streams unlike OpenAI and Anthropic are highly diversified. Sure, Search will lose share. But Gemini is gaining much of what search loses and what matters to Google is Search plus its AI combined —and I feel strongly that number will only grow. As it is presently.

At a market multiple, this is the place to be.